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Riverside Resources Inc V.RRI

Alternate Symbol(s):  RVSDF

Riverside Resources Inc. is a mineral exploration and evaluation company. The Company is engaged in the acquisition, exploration, and evaluation of assets in the Americas including Canada, the United States and Mexico. Its Canadian projects include Oakes Gold Project, Duc Project, Pichette Gold Project, Elly Project, and Revel Project. Its Mexican projects include La Union Project, Los Cuarentas Gold-Silver Project, La Silla Gold-Silver Project, Cecilia Gold-Silver Project, Sandy Gold Project, and Ariel Copper-Gold Project. The Oakes Project is located in the Oakes Township just north of Canadian National Highway 11 and about two kilometers (km) north of the town of Long Lac, Ontario. The Duc Project is located south of the town of Kapuskasing, within the Porcupine Mining District and is roughly 600 hectares in size. The Company’s Pichette Project is 1,650 hectares and hosts gold in banded iron formation and metasediments. The Company also owns Deer Park and Sunrise projects.


TSXV:RRI - Post by User

Post by Betteryear2on Jul 24, 2023 6:41pm
111 Views
Post# 35555033

Riverside Makes Strategic Acquisition of High Grade Gold

Riverside Makes Strategic Acquisition of High Grade GoldVancouver, British Columbia--(Newsfile Corp. - July 24, 2023) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company"), is pleased to announce it has acquired part of P.A.T. Gold Mine inside of the larger Pichette Project west of Geraldton, Ontario. The P.A.T Mine project was drilled extensively in the 1950s and then had test mining conducted in the 1970s with an initial bulk sample extracted during that period. The historical work (non NI43-101) includes geophysics, geochemistry, geology, and drilling, which delivered strong gold intercepts at shallow depths including 16.65 g/t Au over 3.81m and 34.28 g/t Au over 1.1m both intervals at less than 80m depth (see Figure 1). This historical work at Pichette was located on recently reverted mineral leases that Riverside acquired through staking as the Company had surrounded strategic area with mineral claims.

Riverside Makes Strategic Acquisition of High Grade Gold at the Pichette Gold Project, NW Ontario (newsfilecorp.com)
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